In this paper, we examine if corporate insiders have other motives for trading besides exploitation of private information. Our results show that insiders' portfolio rebalancing objectives, tax considerations and behavioral biases play the most important role in their trading decisions. We also...

This paper explores whether insiders who have shown noncompliance with the tax law (‘noncompliant insiders') are more prone to exploit their information advantage in insider trading, compared to other insiders (‘compliant insiders'). Our empirical results from analyzing archival data of all...

We examine the relation between insider trading and corporate disclosure of cyberattacks. We distinguish between companies that voluntarily disclosed cyberattacks and those that withheld information on the incidents, and parties outside the attacked company later discovered the incident. We find...